Lgi Homes Stock Today
| LGIH Stock | USD 95.85 0.97 1.02% |
Performance0 of 100
| Odds Of DistressLess than 9
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LGI Homes is trading at 95.85 as of the 26th of April 2024. This is a 1.02 percent up since the beginning of the trading day. The stock's open price was 94.88. LGI Homes has less than a 9 % chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for LGI Homes are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of February 2024 and ending today, the 26th of April 2024. Click here to learn more.
Business Domain Consumer Durables & Apparel | IPO Date 7th of November 2013 | Category Consumer Cyclical | Classification Consumer Discretionary |
It offers entry-level homes, such as attached and detached homes, and active adult homes under the LGI Homes brand name and luxury series homes under the Terrata Homes brand name. LGI Homes, Inc. was founded in 2003 and is headquartered in The Woodlands, Texas. The company has 23.58 M outstanding shares of which 2.28 M shares are now shorted by private and institutional investors with about 10.26 trading days to cover. More on LGI Homes
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LGI Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. LGI Homes' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding LGI Homes or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman and CEO | Eric Lipar | ||||
| Thematic Ideas | (View all Themes) | ||||
| Business Concentration | Household Durables, Consumer Durables & Apparel, Consumer Discretionary, SP Small-Cap 600, PHLX Housing, NASDAQ Composite, NASDAQ Composite Total, Trump Equities, Construction, Consumer Discretionary, Household Durables, Residential Construction, Consumer Cyclical (View all Sectors) | ||||
| Average Analyst Recommendation Analysts covering LGI Homes report their recommendations after researching LGI Homes' financial statements, talking to executives and customers, or listening in on LGI Homes' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering LGI Homes. The LGI consensus assessment is calculated by taking the average forecast from all of the analysts covering LGI Homes. | |||||
LGI Homes' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to LGI Homes' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. LGI Homes' bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of LGI Homes' outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand LGI Homes' financial leverage. It provides some insight into what part of LGI Homes' total assets is financed by creditors.
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LGI Homes (LGIH) is traded on NASDAQ Exchange in USA. It is located in 1450 Lake Robbins Drive, The Woodlands, TX, United States, 77380 and employs 1,089 people. LGI Homes is listed under Household Durables category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.26 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate LGI Homes's market, we take the total number of its shares issued and multiply it by LGI Homes's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. LGI Homes conducts business under Household Durables sector and is part of Consumer Discretionary industry. The entity has 23.58 M outstanding shares of which 2.28 M shares are now shorted by private and institutional investors with about 10.26 trading days to cover.
LGI Homes currently holds about 41.97 M in cash with (56.97 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.8.
Check LGI Homes Probability Of Bankruptcy
Ownership AllocationLGI Homes maintains a total of 23.58 Million outstanding shares. The majority of LGI Homes outstanding shares are owned by institutional investors. These third-party entities are usually referred to as non-private investors looking to shop for positions in LGI Homes to benefit from reduced commissions. Thus, institutional holders are subject to a different set of regulations than regular investors in LGI Homes. Please pay attention to any change in the institutional holdings of LGI Homes as this could imply that something significant has changed or is about to change at the company. Also note that almost two hundred thirty-five thousand seven hundred seventy-two invesors are currently shorting LGI Homes expressing very little confidence in its future performance.
Check LGI Ownership Details
LGI Stock Price Odds Analysis
Coming from a normal probability distribution, the odds of LGI Homes jumping above the current price in 90 days from now is under 95%. The LGI Homes probability density function shows the probability of LGI Homes stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days LGI Homes has a beta of -0.6141. This indicates as returns on the benchmark increase, returns on holding LGI Homes are expected to decrease at a much lower rate. During a bear market, however, LGI Homes is likely to outperform the market. Additionally, lGI Homes has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of LGI Homes to move above the current price in 90 days from now is under 95 (This LGI Homes probability density function shows the probability of LGI Stock to fall within a particular range of prices over 90 days) .
LGI Stock Institutional Holders
Institutional Holdings refers to the ownership stake in LGI Homes that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of LGI Homes' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing LGI Homes' value.| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2023-12-31 | 453.7 K | |
| Citadel Advisors Llc | 2023-09-30 | 355.3 K | |
| Charles Schwab Investment Management Inc | 2023-12-31 | 292.7 K | |
| Next Century Growth Investors Llc | 2023-12-31 | 266.4 K | |
| Gilder Gagnon Howe & Co Llc | 2023-12-31 | 256.5 K | |
| Morgan Stanley - Brokerage Accounts | 2023-12-31 | 239.7 K | |
| Northern Trust Corp | 2023-12-31 | 208.7 K | |
| Liontrust Investment Partners Llp | 2023-12-31 | 207.2 K | |
| Bank Of New York Mellon Corp | 2023-12-31 | 180.1 K | |
| Blackrock Inc | 2023-12-31 | 3.4 M | |
| Vanguard Group Inc | 2023-12-31 | 2.2 M |
LGI Homes Historical Income Statement
LGI Homes Income Statement is one of the three primary financial statements used for reporting LGI's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of LGI Homes revenue and expense. LGI Homes Income Statement primarily focuses on the company's revenues and expenses during a particular period.
As of now, LGI Homes' Non Operating Income Net Other is increasing as compared to previous years. The LGI Homes' current Tax Provision is estimated to increase to about 65.1 M, while Depreciation And Amortization is projected to decrease to under 2 M. View More FundamentalsLGI Stock Against Markets
Picking the right benchmark for LGI Homes stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in LGI Homes stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for LGI Homes is critical whether you are bullish or bearish towards LGI Homes at a given time. Please also check how LGI Homes' historical prices are related to one of the top price index indicators.
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LGI Homes Corporate Directors
LGI Homes corporate directors refer to members of a LGI Homes board of directors. The board of directors generally takes responsibility for the LGI Homes' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of LGI Homes' board members must vote for the resolution. The LGI Homes board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Robert Vahradian | Independent Director | Profile | |
| Duncan Gage | Independent Director | Profile | |
| Bryan Sansbury | Lead Independent Director | Profile | |
| Ryan Edone | Independent Director | Profile |
How to buy LGI Stock?
Before investing in LGI Homes, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in LGI Homes. To buy LGI Homes stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of LGI Homes. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase LGI Homes stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located LGI Homes stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased LGI Homes stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as LGI Homes, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy LGI Stock please use our How to Invest in LGI Homes guide.
Already Invested in LGI Homes?
The danger of trading LGI Homes is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of LGI Homes is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than LGI Homes. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile LGI Homes is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether LGI Homes offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of LGI Homes' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lgi Homes Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lgi Homes Stock: Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LGI Homes. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. For more detail on how to invest in LGI Stock please use our How to Invest in LGI Homes guide.You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for LGI Stock analysis
When running LGI Homes' price analysis, check to measure LGI Homes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LGI Homes is operating at the current time. Most of LGI Homes' value examination focuses on studying past and present price action to predict the probability of LGI Homes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LGI Homes' price. Additionally, you may evaluate how the addition of LGI Homes to your portfolios can decrease your overall portfolio volatility.
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Is LGI Homes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LGI Homes. If investors know LGI will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LGI Homes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.515 | Earnings Share 8.42 | Revenue Per Share 100.335 | Quarterly Revenue Growth 0.246 | Return On Assets 0.0459 |
The market value of LGI Homes is measured differently than its book value, which is the value of LGI that is recorded on the company's balance sheet. Investors also form their own opinion of LGI Homes' value that differs from its market value or its book value, called intrinsic value, which is LGI Homes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LGI Homes' market value can be influenced by many factors that don't directly affect LGI Homes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LGI Homes' value and its price as these two are different measures arrived at by different means. Investors typically determine if LGI Homes is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LGI Homes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.